Pricing Manager
5 days ago
We are seeking a skilled Pricing Manager to join our team at AL Rostamani Group LLC. As a key member of our sales team, you will be responsible for managing stock and inventory within the context of vehicle sales.
Key Responsibilities
- Maintain accurate records of inventory levels, including incoming and outgoing vehicles.
- Monitor stock levels regularly and initiate procurement or reordering of vehicles to prevent stockouts.
- Analyze sales trends, market demand, and customer preferences to anticipate future inventory needs and make informed purchasing decisions.
- Inspect incoming vehicles for quality and accuracy, ensuring that products meet the required standards and specifications.
- Utilize inventory management software to track and record inventory movements, including deliveries, shipments, and returns.
- Coordinate with the sales team to understand customer demands and align inventory levels accordingly to meet customer requirements.
- Maintain comprehensive documentation of inventory-related transactions, including purchase orders, invoices, and other relevant documents.
- Prepare regular reports on inventory levels, stock movements, and any discrepancies, providing insights and recommendations for improving inventory management.
- Implement strategies to minimize excess inventory, reduce carrying costs, and optimize inventory turnover to maximize profitability.
Requirements
- Bachelor's degree in business administration, supply chain management, or a related field preferred.
- Minimum 5 years of experience in a similar role in the dealership.
- Proven experience in inventory management, preferably within the automotive or commercial vehicles industry.
- Strong analytical and problem-solving skills, with the ability to interpret data and make informed decisions.
- Proficiency in using inventory management software and Microsoft Office applications.
- Excellent organizational and time-management skills, with the ability to prioritize tasks effectively.
- Attention to detail and accuracy in record-keeping and documentation.
- Effective communication and interpersonal skills for collaborating with internal teams and external vendors.
- Knowledge of commercial vehicle specifications and industry trends is advantageous.
Desired Candidate Profile
- Analytical Skills: Strong ability to analyze data, market trends, and competitive pricing to inform pricing strategies.
- Market Knowledge: Deep understanding of the industry, including competitors and customer segments.
- Financial Acumen: Proficiency in financial analysis, including understanding profit margins, cost structures, and revenue forecasting.
- Strategic Thinking: Ability to develop long-term pricing strategies that align with business goals.
- Communication Skills: Excellent verbal and written communication skills to present findings and collaborate with cross-functional teams.
- Negotiation Skills: Competence in negotiating pricing terms and conditions with suppliers and partners.
- Technical Proficiency: Familiarity with pricing software and tools, as well as advanced Excel skills for data analysis.
- Problem-Solving: Ability to identify pricing issues and develop effective solutions.
- Project Management: Skills in managing projects and timelines related to pricing initiatives.
- Customer Focus: Understanding customer needs and preferences to inform pricing decisions.
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